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Friday, November 15, 2024

Congress passes bipartisan chips permitting reform bill

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Senator Todd Young, US Senator for Indiana | Official U.S. Senate headshot

Senator Todd Young, US Senator for Indiana | Official U.S. Senate headshot

U.S. Senators Todd Young (R-Ind.) and Mark Kelly (D-Ariz.) have commended the House of Representatives for passing their bipartisan legislation, the Building Chips in America Act. This bill aims to streamline federal permitting processes for microchip manufacturing projects while ensuring protections for clean air and water remain intact. The legislation now awaits the President's signature to become law.

First introduced by Senators Young and Kelly in July 2023, the Building Chips in America Act has already passed the Senate twice—initially as part of the Senate NDAA and subsequently as standalone legislation.

"The CHIPS and Science Act included manufacturing incentives vital to increasing domestic chip production here in the U.S. and protecting our national security interests. As implementation continues, unnecessary regulatory burdens are threatening to slow down these critical investments in domestic semiconductor manufacturing and pause construction that has already begun," said Senator Young. "Our bill will cut red tape and solidify our nation’s ability to successfully onshore chip production as quickly as possible. I’m pleased to see this important piece of legislation pass Congress and urge the President to sign it into law."

"This is a major step forward for our economy and national security," said Senator Kelly. "By preventing unnecessary delays in the construction of microchip manufacturing facilities, this bill will help maximize our efforts to bring this industry back to America, creating thousands of good-paying jobs and strengthening our supply chains. I’m grateful to my colleagues in both chambers for their bipartisan work to get this done, and I look forward to seeing it signed into law."

The Building Chips in America Act also has support from Senators Ted Cruz (R-Texas), Sherrod Brown (D-Ohio), Bill Hagerty (R-Tenn.), Martin Heinrich (D-N.M.), and Kyrsten Sinema (I-Ariz.).

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